I will buy a motorcycle to ease my business

Daniel Kamau

Baringo, Kenya

100% repaid

Entrepreneur

Name

Daniel Kamau

Member since

February 2014

On-time repayments

298 installments  •  2%

About Me

My name is Daniel Kamau Mbugua.I am a Kenyan male,a husband and a father too. I was born in the year 1988.I come from the largest tribe in Kenya called Agikuyu.I was born in Njoro sub-location Nakuru County Kenya. My parents are Mr and Mrs.Peterson Mbugua.They are all alive and working in different capacities in their respective employment areas.My father works at Britam Insurance as a messenger and my mother works as a teacher in Njoro Egerton Primary School.
I went to school at Oloilung'a Primary school in Kajiado and later went to Lamudiac Secondary school and did my O level examinations at the same school and attained C+ mean grade in my final examinations.

My Business

After i completed my O level education, had nowhere to join for my future career. Since my parents had the burden in paying my other siblings school fees.
I chose to start operating a Bodaboda business using a bicycle. I started transporting my customers from one area to the other. I operate my bodaboda business in Baringo Town center. My customers for the first time did not come for the service in large numbers,which i was almost closing down the business and focus on others. It emerged one morning that most of whom i used to carry, gave me some orders to be carrying their children to and from their respective schools on weekdays. The business started getting more money which made me to have more courage with my bodaboda business. For now on the normal busy day i collect a clean Ksh.1000 per day sales. Which makes to almost Ksh.30,000 per month. Now for the loan i am requesting from the Zidisha team,i am planning to buy a Motor-cycle, so that my customers can ease the congestion of waiting on every trip and it will be more efficient compared to the bicycle. I always have hard times when transporting my clients especially on the rainy seasons.I am planning to buy a King-bird motor-cycle,150cc, to make my business abit modern and competent .It is my prayer that the Zidisha team will make my dream come true. Thank you in advance as you prepare to approve my loan application.

Loan Proposal

Thank you so much zidisha team foe the loan approval.I am planning to buy a Motor-cycle, so that my customers can ease the congestion of waiting on every trip and it will be more efficient compared to the bicycle. I always have hard times when transporting my clients especially on the rainy seasons.I am planning to buy a King-bird motor-cycle,150cc, to make my business a bit modern and competent .It is my prayer that the Zidisha team will make my dream come true. Thank you very much and i welcome all the lenders for the loan funding.Welcome.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Feb 25, 2014

Repayment status

On Time

Projected term

8 weeks

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